Question: Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Interest Rate
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Interest Rate 6% 4 8 Term of Note 120 days 30 days 45 days 90 days 90 days Date of Note Face Amount January 3 * b. February 20 c. May 24 d. August 30 e. October 4 - Assume a leap year in which February has 29 days. Assume 360 days in a year when computing the interest. $80,000 27,000 62,500 30,000 40,000 a. Note Due Date Interest
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